14-March-2026
Economy News
 
Canada's Trade Deficit Widened in January, Missing Consensus Estimates
13-Mar-2026

Canada's trade deficit in January surprisingly widened as exports fell more than imports, led by a meaningful drop in shipments of motor vehicles and parts due to seasonal production stoppages, data showed on Thursday. Statistics Canada said the country posted a deficit of C$3.65 billion ($2.69 billion) in January, almost three times more than the deficit of C$1.3 billion observed in December.

News Source:- https://money.usnews.com/investing/news/articles/2026-03-12/canadas-trade-deficit-in-january-widened-missing-consensus-estimates